Operating Leases |
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Leases [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Operating Leases |
8. Operating Leases Our operating leases consist of real estate and vehicles and have remaining lease terms of one to eight years. For purposes of calculating operating lease liabilities, lease terms may be deemed to include options to extend the lease when it is reasonably certain that we will exercise those options. Our operating lease arrangements do not contain any material restrictive covenants or residual value guarantees. Lease costs are presented below (in thousands):
Weighted-average lease term and the discount rate related to our operating lease right-of-use assets and lease liabilities were as follows:
Future undiscounted lease payments for our operating lease liabilities as of April 30, 2021 were as follows (in thousands):
Current operating lease liabilities of $6.3 million and $5.9 million were included in accrued expenses and other current liabilities on the Company’s condensed consolidated balance sheets as of April 30, 2021 and January 31, 2021, respectively.
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